Fortune 500 Fortune 500 Methodology Companies are ranked by total revenues for their respective fiscal years. Included in the survey are companies that are incorporated in the U.S. and operate in the U.S. and file financial statements with a government agency. This includes private companies and cooperatives that file a 10-K or a comparable financial statement with a government agency, and mutual insurance companies that file with state regulators. It also includes companies that file with a government agency but are owned by private companies, domestic or foreign, that do not file such financial statements. Excluded are private companies not filing with a government agency; companies incorporated outside the U.S.; and U.S. companies consolidated by other companies, domestic or foreign, that file with a government agency. Also excluded are companies that failed to report full financial statements for at least three-quarters of the current fiscal year. Percent change calculations for revenue, net income, and earnings per share are based on data as originally reported. They are not restated for mergers, acquisitions, or accounting changes. The only changes to the prior years’ data are for significant restatement due to reporting errors that require a company to file an amended 10-K.

Revenues Revenues are as reported, including revenues from discontinued operations when published. If a spin-off is on the list, it has not been included in discontinued operations. Revenues for commercial banks includes interest and noninterest revenues. Revenues for insurance companies include premium and annuity income, investment income, and capital gains or losses, but exclude deposits. Revenues figures for all companies include consolidated subsidiaries and exclude excise taxes. Data shown are for the fiscal year ended on or before Jan. 31, 2016. Unless otherwise noted, all figures are for the year ended Dec. 31, 2015. Profits Profits are shown after taxes, extraordinary credits or charges, cumulative effects of accounting changes, and noncontrolling interests (including subsidiary preferred dividends), but before preferred dividends of the company. Figures in parentheses indicate a loss. Profit declines of more than 100% reflect swings from 2014 profits to 2015 losses. Profits for real estate investment trusts, partnerships, and cooperatives are reported but are not comparable with those of the other companies on the list because they are not taxed on a comparable basis. Profits for mutual insurance companies are based on statutory accounting.

Balance Sheet Assets are the company’s year-end total. Total stockholders’ equity is the sum of all capital stock, paid-in capital, and retained earnings at the company’s year-end. Excluded is equity attributable to noncontrolling interests. Also excluded is redeemable preferred stock whose redemption is either mandatory or outside the company’s control. Dividends paid on such stock have been subtracted from the profit figures used in calculating return on equity. Employees The figure shown is a fiscal year-end number as published by the company in its annual report. Where the breakdown between full- and part-time employees is supplied, a part-time employee is counted as one-half of a full-time employee. Earnings Per Share The figure shown for each company is the diluted earnings-per-share figure that appears on the income statement. Per-share earnings are adjusted for stock splits and stock dividends. Though earnings-per-share numbers are not marked by footnotes, if a company’s profits are footnoted it can be assumed that earnings per share is affected as well. The five-year and 10-year earnings-growth rates are the annual rates, compounded. Total Return to Investors Total return to investors includes both price appreciation and dividend yield to an investor in the company’s stock.

The figures shown assume sales at the end of 2015 of stock owned at the end of 2005, 2010, and 2014. It has been assumed that any proceeds from cash dividends and stock received in spin-offs were reinvested when they were paid. Returns are adjusted for stock splits, stock dividends, recapitalizations, and corporate reorganizations as they occurred; however, no effort has been made to reflect the cost of brokerage commissions or of taxes. Total-return percentages shown are the returns received by the hypothetical investor described above. The five-year and 10-year returns are the annual rates, compounded. Medians No attempt has been made to calculate median figures in the tables for groups of fewer than four companies. The medians for profit changes from 2014 to 2015 do not include companies that lost money in 2014 or lost money in both 2014 and 2015, because no meaningful percentage changes can be calculated in such cases. Credits This Fortune 500 Directory was prepared under the direction of list editor Scott DeCarlo.

Income statement and balance sheet data provided by the companies were reviewed and verified against published earnings releases, 10-K filings, and annual reports by reporter Douglas G. Elam and accounting specialists Rhona Altschuler and Kathleen Lyons. Markets editor Kathleen Smyth used those same sources to check the data for earnings per share. In addition, we used data provided by Thomson Reuters and S&P Global Market Intelligence to calculate total return and market capitalization. Database administrator Larry Shine provided technical support. Researcher Viki Goldman assisted with the data gathering and verification. The data verification process was aided substantially by information provided by S&P Global Market Intelligence. Other sources used were Hoover’s and Lexis Securities Mosaic. Company profiles were reported and written by Barb Darrow, Erika Fry, Stephen Gandel, Ben Geier, Geoffrey Smith, Robert Hackett, Tom Huddleston Jr., John Kell, Kia Kokalitcheva, Beth Kowitt, Michal Lev-Ram, Laura Lorenzetti, Chris Matthews, Sy Mukherjee, Aaron Pressman, Leena Rao, Audrey Shi, Christopher Tkaczyk, the legendary Shawn Tully, Jonathan Vanian, Phil Wahba, and Jen Wieczner.

Fortune 500 This year’s Fortune 500 marks the 62nd running of the list. In total, Fortune 500 companies represent two-thirds of the U.S. GDP with $12 trillion in revenues, $840 billion in profits, $17 trillion in market value, and employ 27.9 million people worldwide. The Fortune 2016 Global 500 Global 500 METHODOLOGY Companies are ranked by total revenues for their respective fiscal years ended on or before March 31, 2016. All companies on the list must publish financial data and report part or all of their figures to a government agency. Figures are as reported, and comparisons are with the prior year’s figures as originally reported for that year. Fortune does not restate the prior year’s figures for changes in accounting. How is this list different from the Fortune 500? The Fortune Global 500 is our annual ranking of the largest 500 corporations worldwide as measured by total revenue, whereas the Fortune 500 is exclusively U.S. corporations.

▸ Revenues Revenue figures include consolidated subsidiaries and reported revenues from discontinued operations, but exclude excise taxes. For banks, revenue is the sum of gross interest income and gross noninterest income. For insurance companies, revenue includes premium and annuity income, investment income, realized capital gains or losses, and other income, but excludes deposits. ▸ Profits Profits are shown after taxes, extraordinary credits or charges, cumulative effects of accounting changes, and noncontrolling (minority) interests, but before preferred dividends. Figures in parentheses indicate a loss. Profit declines of more than 100% reflect swings from 2014 profits to 2015 losses. Profits for partnerships and cooperatives are reported but are not comparable with those of the other companies on the list because they are not taxed on a comparable basis. Profits for mutual insurance companies are based on statutory accounting. Revenue and profit figures for non-U.S. companies have been converted to U.S. dollars at the average exchange rate during each company’s fiscal year (ended Dec. 31, 2015, unless otherwise noted). ▸ Balance Sheet Assets shown are those at the company’s fiscal year-end.

Stockholders’ equity is the sum of capital stock, paid-in capital, and retained earnings on the same date. Noncontrolling (minority) interest is not included. Figures for non-U.S. companies have been converted to U.S. dollars at the exchange rate at each company’s fiscal year-end. ▸ Employees The figure shown is either a fiscal year-end or yearly average number, as published by the company. Where the breakdown between full- and part-time employees is supplied, a part-time employee is counted as one half of a full-time employee. ▸ Medians The medians for profit changes from 2014 do not include companies that lost money in 2014 or lost money in both 2014 and 2015, because no meaningful percentage changes can be calculated in such cases. Credits This year’s Fortune Global 500 was prepared under the direction of list editor Scott DeCarlo. Financial statements and annual reports were reviewed by reporter Douglas Elam, accounting specialists Rhona Altschuler and Kathleen Lyons and markets editor Kathleen Smyth. Beijing bureau’s Zhang Dan provided figures for Chinese companies. Fortune’s Business Information Database administrator, Larry Shine, supplied technical support.

Researcher Viki Goldman assisted in data verification using data provided by Hoover’s, Lexus Securities Mosaic, S&P Global Market Intelligence and Thomson Reuters. Company profiles were reported and written by Michal Addady, Chauncey Alcorn, Scott Cendrowski, Barb Darrow, Laura Entis, Madeline Farber, Stephen Gandel, Benjamin Geier, Geoffrey Smith, Robert Hackett, Tom Huddleston Jr., John Kell, Kia Kokalitcheva, Beth Kowitt, Michal Lev-Ram, Laura Lorenzetti, Polina Marinova, Christopher Matthews, Sy Mukherjee, Aaron Pressman, Jeremy Quittner, Leena Rao, Jasper Scherer, Lucinda Shen, Audrey Shi, Christopher Tkaczyk, Shawn Tully, Anne VanderMey, Jonathan Vanian, Phil Wahba, Jen Wieczner, and Valentina Zarya. Global 500 The world’s 500 largest companies generated $27.6 trillion in revenues and $1.5 trillion in profits in 2015. Together, this year’s Fortune Global 500 companies employ 67 million people worldwide and are represented by 33 countries.

USPages - Fortune 500 - the best of US business USPages > Fortune 500 Fortune 500 Strictly speaking, the Fortune 500 is a list compiled by Fortune magazine raking the top 500 public corporations of the US as measured by their gross revenue. The names that grace the list however command such power and wealth that the Fortune 500 has come to define American business, as well as being defined by it. Similar lists exist including the Forbes Top 500 Private Companies, Fortune Global 500, Financial Times 500, and Business Week's Global 1000. Each list takes into account different ranking criteria, but none are as prestigious as the original. In today's business world the corporations that make up the Fortune 500 wield enormous power and influence government policy on a regular basis, as is evidenced by the appointment of Henry M Paulson, CEO of Goldman Sachs, as Treasury Secretary for the United States. With 2005 profits of US$610 billion, the corporations comprising the Fortune 500 could buy the entire annual economic output of the nations of Brazil, India or South Korea.

Even more impressive, with revenues of US$ 9.1 trillion, if the Fortune 500 were seen as a nation they would have the second largest economy in the world, bigger than the economies of the United Kingdom, Germany, France and Japan combined. If the Fortune 500 constituted a nation they could absorb the US budget deficit for 2006/2007 in its entirety. History and Influence of Fortune 500 Since 1955 Fortune magazine has produced an annual list of the 500 US corporations with the highest gross revenue. The rankings are based on the revenue figures for each company's previous fiscal year (the end date for which may differ from company to company). The Fortune 100 is the top 100 corporations from the 500 list and the Fortune 1000 is the extended version. Both use the same ranking criteria. Aside from simply detailing the biggest revenue generating corporations, the Fortune 500 list allows us to see a snapshot of America's commercial progress, where the money has gone and how it's moved to new industries over time.

The growth of opportunities brought in by the building of interstate highways changed the way Americans do business, transport goods, how they travel, shop and where they live. The companies that rose to the opportunities presented by the more than 42,000 miles of highway that were laid from Lose Angeles to New Jersey by the mid 1970's soon found a place on the list. Chain retailers such as McDonald's and hotel chains like Holiday Inn made the most of the way the interstate was changing American life and profited hugely from it. The new roads also had a profound impact on corporations in the South of the US with the likes of Coca-Cola, Wal-Mart, Home Depot and Fedex now able to grow and succeed in a way that would not have been possible before. And it helped to shape General Motors, one of the biggest names on the list. The emergence of credit cards as the preferred method of purchasing has also been influential in the creation of the list, with corporations moving up and down, appearing or disappearing according to how innovative they are about taking payments. Reward cards, smart cards, payroll cards and even embedded credit chips are just a few of the ways corporations are attempting to entice Americans to spend money in the future.

The easier it is to spend money, the more consumers spend. Simple. The Fortune 500 list is also a showcase of adaptability. As consumer's wants change corporations must adapt to meet that demand or risk loosing their place to another who will. Pepsi is one such example of a corporation seeking to meet changing consumer demands. As one of the US's largest manufacturers of snacks, the corporation is now having to come to terms with the consumer's desire for healthy alternatives and look at ways to profitably rise to the challenge. Fortune 500 Facts and Stats In 2005 the combined profits of the corporations on the Fortune 500 list were US$610 billion. 490 of the Fortune 500 CEOs are men, only 10 are women. Among the top 100 there are no female CEOs. Katharine Graham of the Washington Post was the first female executive to run a Fortune 500 company when it joined the list in 1972. 5 million workers are employed by the 10 largest Fortune 500 employers which includes McDonald's, Sears, Home Depot Wal-Mart, and Target.

In 2005, for the first time in the history of the list, Texas displaced New York as the state with the largest number of Fortune 500 companies headquartered there. The Bank of New York, founded in 1784, is the oldest company on the Fortune 500 list. DuPont has been on every list since the first one was published in 1955. There is a Fortune 500 boardgame, released by Pressman Toy in 1980 which companies paid US$30,000 each to be included in. Fortune Releases Annual Fortune 500 List: Wal-Mart is #1 | MPA Fortune Releases Annual Fortune 500 List: Wal-Mart is #1 Share This Wal-Mart Takes Top Spot From Exxon Mobil (May 6, 2013, New York, NY)—Today, FORTUNE releases the FORTUNE 500, its annual ranking of the largest corporations in the United States, ranked by revenue for the 2012 fiscal year.

The FORTUNE 500 companies earned a combined $820 billion in profits in 2012, which represents a decline of just $4 billion, or 0.5%, from the all-time record, set in 2011. Total combined revenue hit $12.06 trillion, up from $11.75 trillion last year. See the full list here: FORTUNE's Shawn Tully writes, "The animal spirits are back. That’s the big story in the new Fortune 500…. After a few years of caution following the financial crisis, in 2012 corporate America was once again seized by the 'urge to action' famously described by economist John Maynard Keynes. The shift to aggressive behavior is exemplified by two major trends in the 500. The first is an increase in spinoffs, as companies shed nonfundamental business units to concentrate on their core strengths. The second is a resurgence in mergers and acquisitions." The No. 1 company each year on the list since 1955 has been General Motors, Exxon Mobil, or Wal-Mart.

Wal-Mart, the world’s largest retailer, grew sales by nearly $23 billion to wrest the No. 1 spot back from Exxon Mobil and top the list for the ninth time -- and for the seventh time in the past decade. GM is now ranked at No. 7. On this year's list, the financial sector showed the highest growth (+33.5%) in profits year-over-year, followed by consumer staples (3.7%) and healthcare (0.2%). Hewlett-Packard (No. 15) had the largest loss of the year, with a decrease in profits of $12.7 billion. Fannie Mae (No. 12) and Freddie Mac (No. 31) returned to profitability for the first time since 2006, with $11 billion and $17.2 billion in profits, respectively. FORTUNE's Shawn Tully writes, "Those home-loan behemoths lost a combined $258 billion from 2007 to 2011….

Fannie and Freddie were helped by a jump in mortgage originations, as well as improved lending standards that enabled them to replace bad loans purchased from 2005 to 2008 with far better-quality mortgages." Priceline.com (No. 473) joins the FORTUNE 500 for the first time this year; its annualized 5-year total return of 40.1% is the highest among this year's companies. Facebook also makes the list for the first time at No. 482. Today marks the second annual FORTUNE 500 Day and this evening, the Empire State Building will be lit up in red, white and blue in honor of the FORTUNE 500 list and American business success. The FORTUNE 500 issue hits newsstands and tablets today.

FORTUNE 500 TOP 10 LIST: 1.Wal-Mart Stores See the full FORTUNE 500 list and more here: Follow the conversation online with #FORTUNE500 MORE ON THE FORTUNE 500: -- California has 54 companies on the FORTUNE 500, the most of any state. New York added two this year to tie Texas for second place with 52 companies each. -- If the FORTUNE 500 was a country, it would be the world's second-largest economy, just behind the U.S. -- Only 57 of the original Fortune 500 companies have been on the list every year since its inception. -- 24 companies are new to the FORTUNE 500 list this year; 19 companies returned to the list after not appearing last year. -- There are 20 female CEOs at FORTUNE 500 companies on the list this year.

-- The oldest FORTUNE 500 CEO this year is Dole Food's David Murdock at 90 years old; The youngest FORTUNE 500 CEO is Facebook's Mark Zuckerberg at 28 years old. -- Two FORTUNE 500 CEOs are under 40 years of age: Mark Zuckerberg and Yahoo's Marissa Mayer (37). -- Leslie Wexner, CEO of L Brands since 1963, is the longest-serving CEO of a FORTUNE 500 company. FORTUNE’S SHAWN TULLY ON THE FORTUNE 500: -- On mergers and acquisitions: "Thirteen companies exited the list, accounting for $201 billion in sales. That’s almost triple last year’s revenue total for departed companies, and the highest number since 2000. In 10 of those deals, the buyer was another 500 member that in most cases substantially raised its ranking." -- On spinoffs: "The largest deal came out of Big Oil. The integrated petroleum producers continue to unwind their previous strategy of covering the gamut from drilling to retailing.

For several years they’ve been shedding refineries to focus on higher-margin exploration and production. In 2012 the shift accelerated. ConocoPhillips spun off its refining arm as Phillips 66. The new company, Phillips 66 ($169.6 billion in revenues), replaced its former parent at No. 4 on the list, while ConocoPhillips fell to No. 45. Another spinoff entering the list is Kraft Foods Group (No. 151), the offspring of the former Kraft Foods, which renamed itself Mondelez (No. 88)." -- On this year's comeback sector: "The comeback sector of the year was financial services. All told, the financial sector boasts the highest total profits of any industry group in the 500 for 2012: $200 billion, or $53 billion more than technology, which came in second." -- On the tech industry: "[T]he tech sector was relatively quiet: The biggest deal was Google’s purchase of Motorola Mobility, making Google (No. 55) not just the supplier of operating systems for Android phones but a manufacturer as well." -- On health care: "The health care industry continued its consolidation wave.

Companies are expanding in areas where the Affordable Care Act is expected to boost business. A notable example is pharmacy benefit management. Express Scripts made a gigantic jump from No. 60 on last year’s list to No. 24 this year by purchasing archrival Medco and now reigns as the nation’s largest manager of prescription drugs." Read Tully's full introduction to the 2013 FORTUNE 500 here: ALSO ON FORTUNE.COM: -Best Companies to Work For in the 500: -20 biggest stock gainers: -20 biggest stock losers: -13 things you didn't know about the Fortune 500: -Social media stars: -6 spinoff successes: -Fortune 500 companies that secretly run your life: FORTUNE's annual portfolio of FORTUNE 500 boards of directors including Walt Disney, Coca-Cola, LinkedIn, Smithsonian Institution, BlackRock and CSX: See video of the photo shoot at the Smithsonian Castle in Washington, D.C.

with the Smithsonian board, including Vice President Joe Biden, Chief Justice John Roberts, Steve Case and more: The FORTUNE 500+ App, free to all subscribers, is the only place you can see the FORTUNE 1000 list: —Find and research the 1,000 biggest companies in America. —Use LinkedIn to see who you know at each company and who your contacts know. —Search job listings through Indeed. FORTUNE 500 Methodology: Companies are ranked by total revenues for their respective fiscal years. Included in the survey are companies that are incorporated in the U.S. and operate in the U.S. and file financial statements with a government agency. This includes private companies and cooperatives that file a 10-K or a comparable financial statement with a government agency, and mutual insurance companies that file with state regulators. It also includes companies that file with a government agency but are owned by private companies, domestic or foreign, that do not file such financial statements. Excluded are private companies not filing with a government agency; companies incorporated outside the U.S.; and U.S. companies owned or controlled by other companies, domestic or foreign, that file with a government agency.

Also excluded are companies that failed to report full financial statements for at least three quarters of the current fiscal year. Percent change calculations for revenues, net income, and earnings per share are based on data as originally reported. They are not restated for mergers, acquisitions, or accounting changes. The only changes to the prior years’ data are for significant restatement due to reporting errors that require a company to file an amended 10-K. Follow the FORTUNE 500 online: #FORTUNE500 33 Illinois companies make Fortune 500 list - tribunedigital-chicagotribune 33 Illinois companies make Fortune 500 list June 02, 2014|By Peter Frost | Tribune staff reporter Thirty-three Illinois companies made the 2014 Fortune 500 list, Fortune magazine’s annual ranking of the top 500 corporations by gross revenue after adjustments and excise taxes.

The figure is up from 32 companies that landed on the 2013 list and includes four Illinois companies that made their debut in 2014: Rosemont-based US Foods, one of the nation’s largest food distributors, made its first appearance at No. 133. Its first year on the list may be its last, however, because the company was bought by competitor Sysco Corp. in December. Sysco intends to keep its corporate headquarters in Texas. AbbVie Inc., the publicly traded North Chicago pharmaceutical concern that spun off from Abbott Laboratories in Jan. 2013, debuted at No. 152 with revenue of $18.8 billion. Chicago-based Integrys Energy Group Inc. landed at No. 450 after boosting its annual revenue by 33.5 percent to $5.6 billion. The company, a natural gas and electricity services provider, has about 720,000 household and small business customers in Chicago. LKQ Corporation Inc., a Chicago-based auto parts supplier, made its first appearance on the list at No. 490 after growing its revenue by 22.8 percent to about $5 billion.

Three Illinois companies dropped from the list: OfficeMax Inc., the Naperville office-supply chain that was acquired by Office Depot Inc. last year; Hillshire Brands Co., the Chicago-based meat company where revenue fell by 57 percent to $4 billion in 2013 after it split off its international beverage business and re-named itself from Sara Lee; and Telephone & Data Systems, the Chicago-based parent of U.S. Cellular, where revenue declined 8.3 percent to $4.9 billion, in part because of a late 2012 sale of certain cellular markets to Sprint Nextel Corp. The top three companies in the state, ADM (No. 27) , Boeing (No. 30) and Walgreen (No. 37), each held their positions from 2013. Nationally, retail giant Walmart Inc. kept its spot at the top of the list while Apple edged into the top 5 this year. Oil giants Exxon Mobil and Chevron kept their top-5 spots. The Forbes 500 list, started in 1955, ranks companies by total revenue as a measure of their size and influence.

pfrost@tribune.com Fortune 500 - Fortune No items matched your filter choices. Please try again with different options. Methodology How we pick the 500 Companies are ranked by total revenues for their respective fiscal years. Included in the survey are companies that are incorporated in the U.S. and operate in the U.S. and file financial statements with a government agency. This includes private companies and cooperatives that file a 10-K or a comparable financial statement with a government agency, and mutual insurance companies that file with state regulators. It also includes companies that file with a government agency but are owned by private companies, domestic or foreign, that do not file such financial statements. Excluded are private companies not filing with a government agency; companies incorporated outside the U.S.; and U.S. companies owned or controlled by other companies, domestic or foreign, that file with a government agency. Also excluded are companies that failed to report full financial statements for at least three quarters of the current fiscal year. Percent change calculations for revenues, net income, and earnings per share are based on data as originally reported. They are not restated for mergers, acquisitions, or accounting changes.

The only changes to the prior years’ data are for significant restatement due to reporting errors that require a company to file an amended 10-K. Revenues Revenues are as reported, including revenues from discontinued operations when published. If a spinoff is on the list, it has not been included in discontinued operations. Revenues for commercial banks and savings institutions are interest and noninterest revenues. Revenues for insurance companies include premium and annuity income, investment income, and capital gains or losses but exclude deposits. Revenues figures for all companies include consolidated subsidiaries and exclude excise taxes. Data shown are for the fiscal year ended on or before Jan. 31, 2013. Unless otherwise noted, all figures are for the year ended Dec. 31, 2012. Profits Profits are shown after taxes, extraordinary credits or charges, cumulative effects of accounting changes, and noncontrolling interests (including subsidiary preferred dividends), but before preferred dividends of the company. Figures in parentheses indicate a loss. Profit declines of more than 100% reflect swings from 2011 profits to 2012 losses.

Profits for real estate investment trusts, partnerships, and cooperatives are reported but are not comparable with those of the other companies on the list because they are not taxed on a comparable basis. Profits for mutual insurance companies are based on statutory accounting. Balance Sheet Assets are the company’s year-end total. Total stockholders’ equity is the sum of all capital stock, paid-in capital, and retained earnings at the company’s year-end. Excluded is equity attributable to noncontrolling interests. Also excluded is redeemable preferred stock whose redemption is either mandatory or outside the company’s control. Dividends paid on such stock have been subtracted from the profit figures used in calculating return on equity. Employees The figure shown is a fiscal year-end number as published by the company in its annual report. Where the breakdown between full- and part-time employees is supplied, a part-time employee is counted as one-half of a full-time employee. Earnings Per Share The figure shown for each company is the diluted earnings-per-share figure that appears on the income statement. Per-share earnings are adjusted for stock splits and stock dividends.

Though earnings-per-share numbers are not marked by footnotes, if a company’s profits are footnoted it can be assumed that earnings per share are affected as well. The five-year and 10-year earnings-growth rates are the annual rates, compounded. Total Return to Investors Total return to investors includes both price appreciation and dividend yield to an investor in the company’s stock. The figures shown assume sales at the end of 2012 of stock owned at the end of 2002, 2007, and 2011. It has been assumed that any proceeds from cash dividends and stock received in spinoffs were reinvested when they were paid. Returns are adjusted for stock splits, stock dividends, recapitalizations, and corporate reorganizations as they occurred; however, no effort has been made to reflect the cost of brokerage commissions or of taxes. Total-return percentages shown are the returns received by the hypothetical investor described above. The five-year and 10-year returns are the annual rates, compounded. Medians No attempt has been made to calculate the median figures in the tables for groups of fewer than four companies.

The medians for profit changes from 2011 to 2012 do not include companies that lost money in 2011 or lost money in both 2011 and 2012, because no meaningful percentage changes can be calculated in such cases. Credits This Fortune 500 Directory was prepared under the direction of senior editor L. Michael Cacace. Income statement and balance sheet data provided by the companies were reviewed and verified against published earnings releases, 10-K filings, and annual reports by reporter Douglas G. Elam and accounting specialists Richard K. Tucksmith and Rhona Altschuler. Markets editor Kathleen Smyth used those same sources to check the data for earnings per share. In addition, she used data provided by Thomson Reuters and S&P Capital IQ to calculate total return and market capitalization. Database administrator Larry Shine provided technical support. Edith Fried reviewed and edited nonstatistical information. Research director Marilyn H. Adamo, Viki Goldman, and Kathleen Lyons assisted with the data gathering and verification. The data verification process was aided substantially by information provided by S&P Capital IQ. Other sources used were: A.M.

Best; Hoover’s; Morningstar Document Research; SNL Financial; and Zacks Investment Research. Fortune 500 lists 8 Pittsburgh firms | TribLIVE Fortune 500 lists 8 Pittsburgh firms Alex Nixon | Wednesday, June 4, 2014, 11:27 p.m. Fortune 500 Ranking of Western Pennsylvania companies on Fortune magazine's list of the 500 largest American companies, with annual revenue and last year's rank. • 166: U.S. Steel, $17.4B, 147 • 172: PNC Financial Services, $16.9B, 170 • 190: PPG Industries, $15.2B, 182 • 239: H.J.

Heinz, $11.6B, 244 • 349: Wesco International, $7.5B, 385 • 377: Mylan, $6.9B, 374 • 421: Dick's Sporting Goods, $6.2B, 437 • 434: Consol Energy, $5.9B, 463 Source: Fortune magazine Email Newsletters Sign up for one of our email newsletters. Pittsburgh's showing on Fortune magazine's list of the nation's largest companies is down from a peak two decades ago, but experts say having eight on annual ranking keeps the city on the global radar. “There's a certain cachet for a city in having a number of Fortune 500 located within its limits,” said Philip Cynar, a spokesman for the Allegheny Conference on Community Development, which markets the region to companies looking for places to expand. Downtown-based U.S. Steel Corp. remained the highest-ranked Pittsburgh-area company at No. 166. The steelmaker slipped from No.

147 because of a 10 percent decline in 2013 revenue, the measure the magazine uses to rank publicly-owned companies. When the Fortune 500 debuted in 1955, U.S. Steel ranked third, and many metals and energy companies from the Pittsburgh region were ranked among the nation's largest corporations. Companies once representing Pittsburgh in the ranking, such as Alcoa and the former Mellon Financial, now part of Bank of New York Mellon Corp., continue to employ large numbers of workers here, even though their headquarters have moved. “The list can be misleading,” said Jake Haulk, president of the Allegheny Institute for Public Policy in Castle Shannon. “It doesn't tell you who's contributing to the local economy with jobs.” Much of this year's list remains unchanged from last year, with PNC Financial Services Group Inc., the nation's sixth-biggest bank, repeating as the region's second-largest corporation. It slipped to No. 172 from No. 170 last year, though revenue increased by 2 percent. Other companies in the ranking are from a range of industries: paint maker PPG Industries Inc., generic drugmaker Mylan Inc., food manufacturer H.J.

Heinz Co., electrical products distributor Wesco International Inc., retailer Dick's Sporting Goods, and coal and natural gas producer Consol Energy Inc. Heinz was taken private in June 2013 in a $28 billion deal by Warren Buffett's Berkshire Hathaway and investment firm 3G Capital. “The list has some strong players — recognized brands whose choice of the city as a home keeps Pittsburgh on the global radar,” Cynar said. The number of Western Pennsylvania companies making the ranking declined from nine because Allegheny Technologies Inc., a Downtown-based specialty steel and titanium maker, dropped below the 500 threshold. It was pushed off by a 14 percent decline in revenue. Allegheny Technologies had been on and off the list a number of times in recent years. It was back on in 2013 and 2012 after missing in 2011 and 2010. In the overall ranking, big-box retailer Wal-Mart Stores held onto the top spot for a second year, with $473.1 billion in revenue. Energy companies Exxon Mobil and Chevron, Berkshire Hathaway and iPhone maker Apple rounded out the top five. Alex Nixon is a Trib Total Media staff writer.

Reach him at 412-320-7928 or anixon@tribweb.com . Fortune Global 500: The World's Largest Companies By Revenues In 2013 | Economy Watch Fortune Global 500: The World's Largest Companies By Revenues In 2013 July 8, 2013• Fortune Global 500• by EW Content Team google+ 2 The Fortune Global 500 is an annual list of the world's largest corporations based on their revenues. Unlike the Fortune 500 (measuring only US companies) or the International 500 (discontinued in 1989), the Fortune Global 500 ranks both US and international companies – giving an indication of the wealthiest and most profitable companies in the world. The current list was published on July 9, 2013 – ranking companies by their total revenues for the respective fiscal years ended on or before March 31, 2013. The revenue figures include consolidated subsidiaries and reported revenues from discontinued operations, but exclude excise taxes.

In total, the 500 companies on the list saw revenues of over $30.3 trillion, up 3 percent from the previous year. On the other hand, total profits fell 5.5 percent to $1.5 trillion – roughly equal to the gross domestic product of India. Over the last decade, there has been significant change in the geographical distribution of the companies in the Global 500 rankings. Although the US still hosts the lion’s share of Global 500 corporations, the number of US-based businesses remained at 132 for the year, compared to 197 companies a decade ago. Comparatively, China has seen its number of companies grow from 73 last year to 89 - an increase of 78 businesses on the list since 2002. Meanwhile, the total number of Asian-based companies on the list has increased from 116 in 2001 to 188. Europe on the other hand had 160 companies on the list. Notably among the top ten companies around the world, seven came from the energy business.

The top ten countries with the most amount of companies on the list were the US (132), China (89), Japan (62), France (31), Germany (29), UK (27), Switzerland (14), South Korea (14), the Netherlands (12) and Canada and India (tied - 9). Check out the 2013 list of Fortune Global 500's top 100 companies below, or browse all the companies, by alphabetical order, at the bottom of this article: Rank

Question: Which US magazine produces an annual '500' list of biggest US companies based on gross revenue?
Answer: FORTUNE